Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7M
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Re: Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7M
#2They are not getting anything from the US government – they pay less taxes. This article tries to make a case a if it was the same thing. It is not.
Re: Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7M
#3>because of additional language that applies the policy retroactively “so losses in 2018 and 2019 can be ‘carried back’ against the past five years.”
Damn, must be nice.
Re: Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7M
#4They are not getting anything from the US government – they pay less taxes. This article tries to make a case a if it was the same thing. It is not.
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Re: Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7M
#5They are not getting anything from the US government – they pay less taxes. This article tries to make a case a if it was the same thing. It is not.
In both cases there is 1.7 mil dollars less in public budget, I don't see how this is different.
Re: Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7M
#6This article is a summary of the original:
https://www.washingtonpost.com/business/2020/04/14/coronavir...
Re: Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7M
#7They are not getting anything from the US government – they pay less taxes. This article tries to make a case a if it was the same thing. It is not.
In both cases there is 1.7 mil dollars less in public budget, I don't see how this is different.
It's different based on how you view income.
Many conservatives view income as "earned" and then taxes as appropriation ("taken away"). Under such a perspective it is only a return of what was originally theirs in the first place.
This country is run on deficits/debt so 1.7M less from rich people is not marginally 1.7M less to poor people.
Re: Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7M
#8They are not getting anything from the US government – they pay less taxes. This article tries to make a case a if it was the same thing. It is not.
Paying taxes and tax deductions are economically equivalent.
Re: Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7M
#9>because of additional language that applies the policy retroactively “so losses in 2018 and 2019 can be ‘carried back’ against the past five years.” Damn, must be nice.
Surely this is what I’m paying taxes for.
Could go to healthcare for all, fixing my roads and access to education, creating a strong resilient nation for all of us.
But this is so much better.
Re: Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7M
#10As soon as I heard that the Fed was going to do a cash injection. I knew that covid-19 was just a pretext.
See https://news.ycombinator.com/item?id=22560017
And now we're seeing article after article just proving me right.